TaskRabbit News

RunMyErrand raises $1 million from West Coast

The word on the street is true, RME closed a $1 million financing from West Coast firms, including Maples Investments and Baseline Ventures.  Team RME is just thrilled.  Both have impressive portfolios including Twitter and Digg, and we are excited to be working with these two firms because of their expertise in the field.

We’ve got a lot of work to do, but it is very exciting to think about all the possibilities and potential that lie ahead.  We will be focused on aggressively scaling the business here in Boston, and plan to open an office in San Francisco in due time.  Many, many, people along the way have helped us get to this point, and especially the current RME community of Senders and Runners have been fantastic supporters.  We are so grateful to have such wonderful users, who want to help this business succeed.  Doing simple things like telling their friends, writing in blogs, wearing their RME t-shirts, or passing around post cards, have all helped … so thank you very much for your support!

As I wrote in my personal blog, I love what @dharmesh had to say about raising another $16 million for Hubspot: “Startups: Closing a funding round is not value creation. It’s the *opportunity* to create value.”

We have an exciting opportunity ahead of us, and we look forward to continuing to pioneer Service Networking!

Thanks to Xconomy and Mass High Tech for the stellar write ups!